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Octafish

(55,745 posts)
Wed Nov 11, 2015, 09:22 PM Nov 2015

Veterans Day in the Time of Forever War

Here we are, Veterans Day 2015, marking 14 years of war in Afghanistan and throughout the Middle East with no end in sight. How did this come to be? In recent memory, pretzeldent George W Bush has played a major role. He said, "Money trumps peace" at a press conference and then he laughed. It happened Feb. 14, 2007 and not even a single one of the callow, cowed press corpse saw fit to ask "WTF?" or any other kind of related follow-up. See the corrupt news media in inaction and an idiot-in-chief warmonger for yourself:



Gold Star mom Cindy Sheehan tried to bring it to our nation's attention. Few others, if anyone, saw fit to comment.

"Smart people" and "serious people" in the news media and lackadaemia saw what Bush meant, though.



The Pitfalls of Peace

The Lack of Major Wars May Be Hurting Economic Growth


Tyler Cowen
The New York Times, JUNE 13, 2014

The continuing slowness of economic growth in high-income economies has prompted soul-searching among economists. They have looked to weak demand, rising inequality, Chinese competition, over-regulation, inadequate infrastructure and an exhaustion of new technological ideas as possible culprits.

An additional explanation of slow growth is now receiving attention, however. It is the persistence and expectation of peace.

The world just hasn’t had that much warfare lately, at least not by historical standards. Some of the recent headlines about Iraq or South Sudan make our world sound like a very bloody place, but today’s casualties pale in light of the tens of millions of people killed in the two world wars in the first half of the 20th century. Even the Vietnam War had many more deaths than any recent war involving an affluent country.

Counterintuitive though it may sound, the greater peacefulness of the world may make the attainment of higher rates of economic growth less urgent and thus less likely. This view does not claim that fighting wars improves economies, as of course the actual conflict brings death and destruction. The claim is also distinct from the Keynesian argument that preparing for war lifts government spending and puts people to work. Rather, the very possibility of war focuses the attention of governments on getting some basic decisions right — whether investing in science or simply liberalizing the economy. Such focus ends up improving a nation’s longer-run prospects.

It may seem repugnant to find a positive side to war in this regard, but a look at American history suggests we cannot dismiss the idea so easily. Fundamental innovations such as nuclear power, the computer and the modern aircraft were all pushed along by an American government eager to defeat the Axis powers or, later, to win the Cold War. The Internet was initially designed to help this country withstand a nuclear exchange, and Silicon Valley had its origins with military contracting, not today’s entrepreneurial social media start-ups. The Soviet launch of the Sputnik satellite spurred American interest in science and technology, to the benefit of later economic growth.

War brings an urgency that governments otherwise fail to summon. For instance, the Manhattan Project took six years to produce a working atomic bomb, starting from virtually nothing, and at its peak consumed 0.4 percent of American economic output. It is hard to imagine a comparably speedy and decisive achievement these days.

SNIP...

Living in a largely peaceful world with 2 percent G.D.P. growth has some big advantages that you don’t get with 4 percent growth and many more war deaths. Economic stasis may not feel very impressive, but it’s something our ancestors never quite managed to pull off. The real questions are whether we can do any better, and whether the recent prevalence of peace is a mere temporary bubble just waiting to be burst.

Tyler Cowen is a professor of economics at George Mason University.

SOURCE: http://www.nytimes.com/2014/06/14/upshot/the-lack-of-major-wars-may-be-hurting-economic-growth.html?_r=0



Rather than even bothering to figure out better ways of solving problems, the brains today are thinking up ways of making a buck off war.

It shows how war is so mainstream, we fish swimming in it can't see it, let alone know the water's toxic.
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